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862 Penny Lane

862 Penny Lane, Mount Joy, PA 17552
Property in West Hempfield
Sold Jun 25, 2009
$135,000
$132,554 by Mnet Mortgage Corp
Mortgage Due Jul 01, 2039
Sold Nov 01, 1999
$88,500
$88,400 by Gateway Funding Diversified Mt
Mortgage Due Nov 01, 2029
Local assessors in Mount Joy, PA have categorized 862 Penny Lane as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 6,098 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 862 Penny Lane has a total of 1,080 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a roof that is made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. The home's baseboard heaters is the primary heating source and it is being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 862 Penny Lane sold most recently in Jun 24, 2009 for a total of $135,000. If you work out the math, that's approximately a cost of $86.54 per sqft. Before that, the property was also sold for $88,500 in Oct 29, 1999. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,414 in taxes each year. 862 Penny Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $112,100. If we break it down further, the land itself was valued at $32,300. Improvements to the property, however, were assessed at a total of $79,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 480
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,080
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PENNY LANE
  • Land Acres: 0.14
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 862 PENNY LN

Ownership

  • Current Owner : KERN RICHARD C
  • Current Owner 2: KERN STEPHANIE A
  • Previous Owner : KURTZ BRIAN S
  • Previous Owner 2: KURTZ TRACY LYNN
  • Owner Before Previous Owner: MORGAN RICKY LEE
  • Owner Before Previous Owner 2: MORGAN KARLA A
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Hempfield School District
  • School Tax School District: HEMPFIELD
  • Census Tract: 011502

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 12F04
  • District: 300
  • Parcel: 300-20426-0-0000
  • Lot: 33
  • Municipality: WEST HEMPFIELD TWP
  • Latitude: 40.0654
  • Longitude: -76.4612

    Address

  • Full Address: 862 Penny Ln
  • Address - House Number: 862
  • Address - Street Name: Penny
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Mount Joy
  • Carrier Code: R003
  • 4-Digit Zip Code: 9214
  • Zip Code: 17552

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,414

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 223,458
  • High Value: 261,772
  • Low Value: 185,144

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,554
  • First Open Lien Mortgage Lender: MNET MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 25, 2009
  • First Open Lien Mortgage Loan Amount: $132,554
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2039

    Market Valuation

  • Market Total Value: $112,100
  • Market Land Value: $32,300
  • Market Improvement Value: $79,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $112,100
  • Assessed Land Value: $32,300
  • Assessed Improvements Value: $79,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 24, 2009
  • Current Sale Recording Date: Jun 25, 2009
  • Current Sale Transaction ID: 1131898353
  • Current Sale Price: $135,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 5792665
  • Previous Sale Recording Date: Nov 01, 1999
  • Previous Sale Contract Date: Oct 29, 1999
  • Previous Sale Amount: $88,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MNET MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 25, 2009
  • First Mortgage Loan Amount: $132,554
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2039

    Previous Mortgages

  • Previous Mortgage Lender: GATEWAY FUNDING DIVERSIFIED MT
  • Previous Mortgage Transaction Date: Nov 01, 1999
  • Previous Mortgage Loan Amount: $88,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2029

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Frequently Asked Questions

What neighborhood is 862 Penny Lane located in?
The 862 Penny Lane is a located in the neighborhood of West Hempfield in Lancaster, Mount Joy.
What is the average sales price for listings in 862 Penny Lane?
The average sales price for units in 862 Penny Lane is $0 currently.

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